Rezolute Inc (RZLT)’s Market Momentum: Closing Strong at 4.02, Down -2.90

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

As of close of business last night, Rezolute Inc’s stock clocked out at $4.02, down -2.90% from its previous closing price of $4.14. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.54 million shares were traded.

Ratios:

To gain a deeper understanding of RZLT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.30 and its Current Ratio is at 9.30. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on November 05, 2024, initiated with a Outperform rating and assigned the stock a target price of $12.

On August 27, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $11.

On July 17, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $13.BTIG Research initiated its Buy rating on July 17, 2024, with a $13 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Hogenhuis Wladimir bought 10,000 shares for $4.70 per share. The transaction valued at 47,000 led to the insider holds 77,267 shares of the business.

Kim Young-Jin bought 1,250,000 shares of RZLT for $5,000,000 on Jun 25 ’24. The Director now owns 7,192,617 shares after completing the transaction at $4.00 per share. On Dec 18 ’24, another insider, Evans Daron, who serves as the CFO of the company, bought 10,000 shares for $4.29 each. As a result, the insider paid 42,900 and bolstered with 150,900 shares of the company.

Stock Price History:

Over the past 52 weeks, RZLT has reached a high of $6.19, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -15.86%, while the 200-Day Moving Average is calculated to be -14.48%.

Shares Statistics:

A total of 60.53M shares are outstanding, with a floating share count of 48.99M. Insiders hold about 19.07% of the company’s shares, while institutions hold 69.43% stake in the company.

Most Popular